- Orezone Gold (ORE) has poured the first gold from its Bomboré Mine, located in Burkina Faso
- Commissioning of the process plant commenced in late July, with ore introduced into the circuit near the end of August
- The company expects the mining operations to ramp up as the mine enters commercial production in early Q4-2022
- Orezone is a Canadian gold mining company operating the open pit Bomboré Mine in Burkina Faso
- Orezone Gold Corporation (ORE) is up 4.17 per cent, trading at C$1.50 per share at 1:22 pm ET
Orezone Gold (ORE) has poured the first gold from its Bomboré Mine, located in Burkina Faso.
The company completed the construction of Bomboré Mine under budget, on time, and with no lost time injuries. Commissioning of the process plant commenced in late July, with ore introduced into the circuit near the end of August.
The plant continues to operate well, with all systems functioning as designed, resulting in gold recoveries slightly above expectations. Current mill feed is a combination of direct tipped ore from the pits and from stockpiles at the ROM pad. The company expects the mining operations to ramp up as the mine enters commercial production in early Q4-2022.
Patrick Downey, President and CEO of Orezone, commented on the news.
“I want to give recognition and thanks to the entire Bomboré team for their extraordinary efforts in achieving this important milestone of first gold. The team exceeded expectations by delivering the plant construction under budget in a period marked by rapid inflation and COVID-related disruptions. In a short span of twenty months, we have successfully financed and constructed this greenfield project, mined over 15.7 million tonnes of material, including 5.8 million tonnes of ore, while maintaining the health and safety of our workforce.”
Orezone is a Canadian gold mining company operating the open pit Bomboré Mine in Burkina Faso. Bombore has a mineral resource base in excess of 5 million ounces of gold and possesses significant expansion potential.
Orezone Gold Corporation (ORE) is up 4.17 per cent, trading at C$1.50 per share at 1:22 pm ET.